Abridged Unaudited Consolidated Interim Results for the 6 months ended 30 September 2019 ARGENT INDUSTRIAL LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1993/002054/06) Share code: ART ISIN: ZAE000019188 (“Argent” or “the company” or “the group”) ABRIDGED UNAUDITED CONSOLIDATED INTERIM RESULTS FOR THE 6 MONTHS ENDED 30 SEPTEMBER 2019 1. SALIENT FEATURES Revenue increased 1.5% to R871.5 million, from R858.8 million in the prior corresponding period. Operating profit before interest decreased by 2% to R59.8 million, from R61 million in the prior corresponding period. Headline earnings per share decreased by 0.7% to 50.1 cents per share, from 50.4 cents in the prior corresponding period. Earnings per share decreased by 0.4% to 49.7 cents per share, from 49.9 cents in the prior corresponding period. 2. SHORT-FORM ANNOUNCEMENT This short-form announcement is the responsibility of the directors of the company. It contains only a summary of the information in the full announcement (“Full Announcement”) and does not contain full or complete details. The Full Announcement can be found at: https://senspdf.jse.co.za/documents/2019/JSE/ISSE/ART/Interims.pdf Copies of the full announcement is available for viewing on the company’s website at http:www.argent.co.za/Info/Interim Results/Interim Results Sept 2019 or may be requested in person, at the company’s registered office or the office of the sponsor, at no charge, during office hours. Any investment decisions by investors and/or shareholders should be based on consideration of the Full Announcement, as a whole. Umhlanga 13 November 2019 Sponsor PSG Capital Date: 13/11/2019 11:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.